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RESOLUTION 95-095 <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />OF INDIAN RIVER COUNTY, FLORIDA, that: <br />1. The County expects to make certain expenditures in ' <br />connection with the Sebastian Utility System ' <br />i <br />Acquisition Project of the County (the Project.) The <br />County intends to finance said expenditures by the <br />i <br />Issuance of one or more future bond issues. Some or <br />all of said expenditures are expected to be paid prior <br />to the issuance of said future bond issues. Therefore, <br />said expenditures will be paid from the Utility <br />Operating Fund, the Utility Impact Fee Fund, and the <br />Utility Special Assessment Project Fund of the County. <br />The County intends to reimburse said funds for said <br />expenditures out of the proceeds of said future bond <br />issues expected to be used for said reimbursement is <br />$5,500,000.00. Said expenditures include, without <br />limitation expenditures for the acquisition, <br />construction, furnishing and equipping the Project; for <br />reports, studies, and projections in connection with <br />the Project; and for other items directly related to <br />the Project. <br />